UK-based real estate advisor, Savills, has expanded its business into a full-service platform.
“We had started with a small presence in 2015 with office leasing and project management business in Bengaluru, and has now expanded in Mumbai and NCR. Soon, we would be entering Hyderabad. In the future, Chennai and Pune will be the cities were we would be setting up our base,” said, Christian F. Mancini, CEO, Asia Pacific.
The company is already a key player in Asia-Pacific and the UK.
He added that at present the company has 45 staff working in these three offices. By next year, we plan to have 200 people.
“In the residential market, we are not interested in the mid-market primary sales business. In this segment, we would be focusing on the high-end of the mid-market as well as high networth market,” said Mancini.
The aim is to offer a full suite of integrated services to occupier, investor and developer clients in the key locations, Mancini added.
The expanded Savills India business will be led by new CEO, Anurag Mathur, and it will initially operate from offices in New Delhi, Bengaluru, Hyderabad and Mumbai.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.